WrongHanded
Well-known member
12 million millionaires. That's a representation of average people to you. What about the other 96% or so of the population?There are about 12 million millionaires in the United States. 80% of them started out poor or middle-class.
You are free to loan money to whoever you want interest free.
Go back and read my last post again, that’s not what I said.
Yep. People can loan money to anyone they want. But this Nation cannot continue to support itself by increasing consumer debt levels forever. I'm not sure what you don't understand about that. Guys like you will complain about the National Debt, but a Nation of Consumer Debt isn't a problem?
Capital Gains should be taxed higher. It's income. In some cases it's primary income. Tax it. You think people should work for a living? But you think it's okay for millionaires and billionaires to just live off the interest of their wealth?